Answer:
To pay for groceries
Explanation:
Personal loan is a type of unsecured loan which a person takes to fulfill his basic daily financial needs. And it is quite flexible, means the borrower is free to use as per his/her need. For example, travelling costs, groceries, medical emergencies, home renovation etc.
Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.
High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>
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Answer:
Financial advantage $159,000
Explanation:
unit variable cost = 15 + 12 + 8 + (25%×8) = $37
Note the selling variable cost is now 25% of the initial cost before the special order because of the 75% savings
The fixed cost were not considered in the analysis because they are not relevant. They would be incurred either way, whether the order is accepted or not
Financial advantage of the special order
$
Sales revenue from special order = (6,000× $65) = 390,000
Variable cost ( 6000× $37
) = (222,000
)
Cost of special machine <u>( 9,000)</u>
Financial advantage <u> 159,000</u>
Answer:
Hypertonic soil
Explanation:
In the case study, the young farmer added 60% more fertilizer believing that more fertilizer would simply cause the plants to grow faster. He thought that, since fertilizer helps plants grow, more fertilizer would simply accelerate the processes. He created, however, a hypertonic soil environment rich in potassium and phosphorous, causing the water to leave the corn cells to go to the soil (osmosis effect) leaving them to wither.
